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Tuesday, January 20, 2026

CATEGORY

Business

Supreme Court Awards N12b To Innoson Against GTBank

The Chairman of Innoson Motors, Innocent Chukwuma, on Thursday floored the Guarantee Trust Bank, GTB, at the Supreme Court, Daily Post reports. This was as...

Federal Govt Sets To Reduce Tax Burden

The Federal Government is set to reduce the tax burden on Nigerians and boost the ease of doing business with the approval of two...

Active Mobile Lines In Nigeria Increase From 148m To 160m In April – NCC

The Nigerian Communication Commission (NCC) says active mobile telephone lines in Nigeria rose from the 149 million in March to 160 million in April,...

Banks’ Daily CBN Loans Hit N216b

A Central Bank of Nigeria (CBN)’s Financial Market Department Annual Activity Report has said banks’ average daily loan requests from the CBN stands at...

Ibeto Cement Acquires U.S. Oil Firm

Ibeto Cement Company Limited has announced its acquisition of Century Petroleum Corporation, a United States (U.S.) publicly traded petroleum exploration and production company. The company...

CBN Orders Banks To Sell Forex To Customers Over The Counter

Nigerians travel-ling overseas can now heave a sigh of relief following the release of new Central Bank of Nigeria (CBN) directives that make it...

APM Terminals Contributes N186bn Annually To Nigeria’s Economy – Report

An impact assessment study conducted by a Denmark-based consulting firm, Quantifying Business Impacts on Society (QBIS) has revealed that the operation of leading global...

Pensioners Protest Poor Welfare, Remunerations

Pensioners yesterday shut-down banking activities at First Bank, Coomassie House in Abuja over poor welfare package and remuneration. The pensioners, who came out in their...

CBN Boosts Foreign Exchange Market With $210m

In another round of intervention, the Central Bank of Nigeria (CBN) on Tuesday injected 210 million dollars into the inter-bank Foreign Exchange Market to...

Nigeria, China Seal $2.5b Currency Swap Deal

Nigeria and the People’s Republic of China have sealed a $2.5 billion (Renminbi (RMB) 16 billion) currency swap deal. The agreement, which is purely an...

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